Bank Reconciliation $-$ February $28,2025$

Bank statement balance $ $7,971$ Ledger balance $ $11,430$

Add:

Deposit in transit $ $7,176$

$ $15,146$ $ $11,430$

Deduct: Deduct:

Outstanding cheques: Bank service charge $ $13$

# $392$ $ $332$

# $415$ $ $2,265$

# $420$ $ $1,132$ $ $3,729$

Adjusted bank balance $ $11,417$ Adjusted book balance $ $11,417$

$($Question continues next page$)$

Regina Retail Company

Bank Reconciliation

February $28,2025$

Student Number:

Regina Retail Company's bookkeeper is off sick, and they need you to prepare their bank

reconciliation for the month of March, $2025.$ To help you, they located the previous month's bank

reconciliation $($February $28,2025),$ printed off the general ledger cash account for the current month

ended, March $31,2025,$ and obtained their bank statement. Prepare a bank reconciliation for March

and any required adjusting entries at the end of the month. Show your calculations and round

everything to the nearest dollar! $(11$ marks